Re:Ethereum set to become first blockchain to settle $1T in ...
by intotheabyss on Friday October 23, 2020 @12:20PM
(#24871098)
You're conveniently leaving out half the worlds population that doesn't have access to this legacy system.
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Re:Ethereum set to become first blockchain to settle $1T in ...
by Daishiman on Friday October 23, 2020 @01:59PM
(#24872105)
They have fiat currency that they use to exchange for goods and services.
I do not know literally a single human being who uses BTC or ETH exclusively for exchanging legal goods and services.
Re:Ethereum set to become first blockchain to settle $1T in ...
by intotheabyss on Monday October 26, 2020 @02:17PM
(#24899245)
We're talking about financial primitives, not owning currency. These people do not have access to bank accounts, loans, mortgages, etc. Once you have identity systems on Ethereum, then no-collateral loans and mortgages will be offered to anyone with access to the internet.